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a community peak oil portal
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The midpoint of global
hydrocarbon production
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| Book review: Taking Jeff Rubin to task |
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It's only nine pages in before author and former CIBC economist Jeff Rubin makes the startling admission that economics tells only half the story about resource scarcity and depletion. Fortunately, he immediately promises that the pages to follow will tell "the other half." Unfortunately, he fails to deliver. So while still a fantastic book, Why Your World Is About to Get a Whole Lot Smaller: Oil and the End of Globalization is simultaneously a frustrating read.
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| We May Be Setting Ourselves Up for a Catastrophic Natural Event |
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Too much CO2 in the air and not enough oxygen in the oceans may release a toxic dose of hydrogen sulfide -- an unheralded executioner.
What is hydrogen sulfide? It smells like farts and rotten eggs. You can find it in swamps, sewers, landfills, volcanic and natural gases, and pretty much everywhere there is a petroleum refinery. Unfortunately, you can also usually find it whenever and wherever you've got mass extinctions.
In fact, it is hydrogen sulfide, rather than killer asteroids or some other interstellar death-bringer, that has possibly become the go-to kill-shot of most mass extinctions in Earth's history.
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| Why China is stockpiling gold & base metals |
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TER: Peak oil/peak natural gas is fueling the demand for investment in alternatives fuels due to the assumption that as we reach the peak, the prices for these fuels will increase, making energy unaffordable. If the peak for oil/gas is not a reality for another 50 years, will there be enough return for investments in alternatives?
LR: Peak oil is here in the very near future. Many of the big oil producing regions have already passed peaks. Don’t forget, the United States was the world’s largest oil producer for a period, but production has fallen way down. Experts who follow this industry are very clear that the peak is not too far away—at most a dozen years, but more likely much sooner. The pace of new discoveries has fallen way off over recent years. It takes an enormous amount of new drilling to simply replace depletion. Production from existing wells declines steadily. Production won’t drop off suddenly, but it will certainly stop rising. Demand is continuing to rise and we are so complacent about oil production continuing to rise.
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| Coal plant 'will hit African poor' |
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Creating a new coal plant in Kent could lead to 100,000 more people in the developing world losing their water supply during dry seasons, it has been claimed.
Anti-poverty campaigners at the World Development Movement (WDM) also said the controversial plan could be responsible for up to 60,000 more people suffering from drought in Africa.
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| Photos: Soaring ambition for solar aircraft |
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On June 26, a prototype of the world's latest solar-powered airplane was unveiled at an airfield in Dubendorf, Switzerland, by company co-founders and future pilots Bertrand Piccard and André Borschberg.
The Solar Impulse HB-SIA is designed to fly both day and night without the need for fuel and without producing any pollution. The plane, which is scheduled to make its first flight later this year, was built to stay airborne for several days operating just on the power emitted by the sun and captured by its solar panels. The goal and challenge of the craft is to show the viability of renewable energy.
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| Pressure is on in race for new solar batteries |
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LG Electronics and LG Display, two affiliates of LG Group, are competing with each other to develop the next generation of thin-film solar batteries.
The battery’s greatest strength is its price competitiveness against the more widely used crystalline silicon solar cell. The manufacturing cost for thin-film solar cells is half that for crystalline silicon cells.
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| Britain Could Be Wind and Wave Titan |
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Britain could become the largest producer of electricity from offshore wind by the end of the next decade, according to the Carbon Trust, a group funded by the British government.
With carefully targeted subsidies and regulations, Britain could build 29 gigawatts of capacity compared to a global total of 66 gigawatts by 2020, giving it 45 percent of the offshore power market, said the Carbon Trust. By comparison, Germany would have 12 gigawatts by 2020, the group said.
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| Lawrence Roulston: Challenges and Enormous Opportunities in Alternative Energy |
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 The Energy Report caught up with newsletter writer and analyst Lawrence Roulston, who recently launched the GreenTech Opportunities newsletter. In this exclusive interview with The Energy Report, Roulston gives us his thoughts on developments that are happening in the alternative energy field, and ideas for profiting in a changing world.
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| Ethanol interest appears to wane with the economy |
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 Minnesota has been an unofficial testing ground for using ethanol to fuel vehicles, but after years of steady increases, interest appears to be waning.
Despite a push from the governor and an increase in the number of so-called flexible-fuel vehicles on the road — which can run on either gasoline or a mostly ethanol blend — sales of E85 have dipped in recent months, beyond the normal decline in winter months.
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| Uncle Sam to pond scum: I want you! |
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 LOGAN, Utah (AP) — Somewhere among the beakers and the bubbling green-tinged tanks in this Utah State University lab, Jeff Muhs is searching for champion pond scum for Uncle Sam.
If he and others like him around the country are successful, algae-based biofuel could one day power one of the world's biggest gas guzzlers: the U.S. military.
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| Shell ceases production in Niger Delta |
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 Royal Dutch Shell has suspended its operations in the Western Niger Delta, giving into increasing pressure from the MEND rebels in the region.
Shell confirmed the closure of its oil plants in the region following a spike in attacks on the company's facilities and employees, Nigerian media reported.
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| Nigeria, Algeria, Niger Sign Accord on Gas Pipeline |
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 July 3 (Bloomberg) -- Nigeria, Algeria and Niger signed an agreement on a proposed Trans-Saharan pipeline that will ship natural gas from Nigeria to Europe.
The accord was signed by Nigerian Petroleum Minister Rilwanu Lukman, Niger’s Energy Minister Mohammed Abdullahi and his Algerian counterpart Chakib Khelil in the Nigerian capital, Abuja, today. The project will cost an estimated $10 billion, he said at the signing ceremony.
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| House climate bill wouldn't cut U.S. oil dependence much |
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 WASHINGTON - Despite its title as the "American Clean Energy and Security Act," the energy and climate bill that the House of Representatives passed recently takes only a modest step toward reducing U.S. dependence on foreign oil.
Two studies project that the legislation would cut oil use in the future, but not enough to make much of a dent in dependence on oil from unstable or unfriendly foreign suppliers. Some experts say that other steps will be needed to cut U.S. oil use significantly.
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| Americans take to road but cautious after gas shock |
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 The travel and auto group AAA projected last week that U.S. travel over the holiday weekend would drop 1.9 percent this year compared to 2008, a casualty of higher fuel prices and economic worries.
Approximately 37.1 million Americans will travel 50 miles or more away from home during the holiday weekend, typically the busiest time for auto travel in the United States, the world's largest energy consumer, down from 37.8 million last year.
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| China says "carbon tariffs" proposals breach WTO rules |
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 BEIJING (Reuters) - Proposals to impose "carbon tariffs" on imported products will violate the rules of the World Trade Organization as well as the spirit of the Kyoto Protocol, China's Ministry of Commerce said.
In a statement posted on its website, the ministry said collecting carbon duties from foreign products would enable developed countries to "protect trade in the name of protecting the environment."
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